Thursday, December 30, 2010
Visa company or by the United States Justice Department's antitrust allegations.
<P> Visa said the company may stop the business of a credit card charge consumers an additional cost to the policy of the allegations by the United States Justice Department, led the company's shares fell 5%. .</ P> <P> "said the Justice Department is considering civil action," Visa has released the third quarter yesterday, the Chief Executive Officer Joseph W · Sanders (JosephW.Saunders) is that analysts in a telephone .the meeting said, "We are now busy in constructive negotiations with the Justice Department, tried to make Visa the company to avoid legal action or compensation for losses suffered." </ P> <P> Visa Company, American Express (AmericanExpressCo.) and MasterCard .in 2008 revealed that the Ministry of Justice told the company an additional charge for the so-called policies and rules to prevent the investigation, these policies and rules to prevent business "guide" for other ways to pay consumers. .</ P> <P> Justice Department spokeswoman Gina Tara Mona (GinaTalamona) said in an e-mail, "the Justice Department's antitrust division is involved in businesses of various forms of treatment to pay some credit card .survey network rules, including credit card payment form, the purpose of these rules is to determine whether anti-competitive behavior. "She refused to comment on specific companies. .</ P> <P> in the New York Stock Exchange composite trading, as of 16:00, Visa shares fell $ 3.20, down 4.26%, to close at $ 71.98 per share. .MasterCard shares fell 0.82%, American Express shares fell 0.04%. .</ P>.
Labels:
[:]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment